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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Netwit who wrote (4528)	3/22/2000 12:48:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6020

This "holding company" issue as it has affected CMGI and ICGE has been offered before as a primary reason for Softbank not trading in the US Markets. I believe that it will affect the upcoming IPO of Divine Interventures (DVIN)and I think that they are going to try to get some special dispensation ala ICGE or they are going to try to get the law or regulations changed. This seems to be a complex, somewhat technical issue. In any case, I have been thinking that DVIN's political connections may open the way for Softbank to enter the US Market and be treated like DVIN. I don't pretend to have a clue as to the technical issues involved, but anything that clears the way for a Softbank presence directly in the US Market will be welcome. When you compare the volume of trading in Japan versus the US, it is clear that trading in the US has a lot of room to grow. Softbank has most of it's publicly traded portfolio here in the US (primarily Yahoo). Softbank is often the highest dollar volume of trading in Tokyo. It would not be too surprising to see Softbank trading in the US even more actively than in Japan if there were a convenient trading vehicle. Perhaps, when DVIN goes public later this month and when Nasdaq Japan begins operation in June, everything will be in place for a Softbank "coming out". Nasdaq Japan and Nasdaq here in the US will both trade some of the same stocks. I supppose that means that Microsoft and Intel will be trading in Tokyo and perhaps Softbank will move to Nasdaq Japan and also trade here in the US. Just a little idle conjecture. <G>.